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Relay Therapeutics Inc (RLAY) Reports Full Year 2023 Financial Results and Corporate Highlights [Yahoo! Finance]

Relay Therapeutics, Inc. (RLAY) 
Company Research Source: Yahoo! Finance
Revenue Growth : Full year 2023 revenue increased to $25.5 million, up from $1.4 million in 2022. R&D Expenses : Research and development expenses rose to $330.0 million for the full year 2023, compared to $246.4 million in 2022. G&A Expenses : General and administrative expenses increased to $75.0 million for the full year 2023 from $66.0 million in 2022. Net Loss : Net loss widened to $342.0 million for the full year 2023, or $2.79 per share, from $290.5 million, or $2.59 per share in 2022. Warning! GuruFocus has detected 2 Warning Sign with RLAY. On February 22, 2024, Relay Therapeutics Inc ( NASDAQ:RLAY ) released its 8-K filing , detailing the fourth quarter and full year 2023 financial results and corporate highlights. As a clinical-stage precision medicine company leveraging its Dynamo platform to revolutionize drug discovery, Relay Therapeutics Inc ( NASDAQ:RLAY ) is focused on advancing a pipeline of medicine candidates targeting precision oncology and genetic dise Show less Read more
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